in five years, india will be producing five times as many college graduates as the united states. these are the facts that drive the decisions we must make as we position penn state to succeed in the future. part of that strategic planning requires getting out and staying out in front of the information technology revolution, which has been among the most significant drivers of educational change in the last 15-20 years. it's also been like a run away train. one response to the higher education funding crisis has been increased appeals, especially from legislatures and business leaders for higher education to drastically increase online education. the hope is that more students receive college degrees faster and at less cost. in fact, research shows, done appropriately, the application of technologies can both improve learning outcomes and decrease the costs of delivering that education. so far, big safings have proven allusive. nonetheless, massive, open online courses are testing the market. dozens of universities including mitt, harvard, princeton and stanford offer these class